First HoldCo Plc Price Target | Analysis, Price & Growth Outlook

First HoldCo Plc

NGSE:FIRSTHOLDCO

₦ 50,00

₦0,00 (0,00%)

50,00 ₦

₦0,00 (0,00%)

End-of-day quote: 04/01/2026

First HoldCo Plc Stock Value

Analysts currently rate NGSE:FIRSTHOLDCO as Outperform.

Outperform

First HoldCo Plc Company Info

EPS Growth 5Y

-9,84%

Market Cap

₦2.222,69 B

Long-Term Debt

₦36,39 B

Quarterly earnings

05/27/2026 (E)

Dividend

₦0,60

Dividend Yield

1,20%

Founded

1894

Industry

Financials

Country

Nigeria

Website

First HoldCo Plc

ISIN Number

NGFBNH000009

Website

http://www.fbnholdings.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

₦40,18

-19.64%

Last Update: 04/02/2026

Analysts: 3

Highest Price Target ₦47,00

Average Price Target ₦40,18

Lowest Price Target ₦32,49

In the last five quarters, First HoldCo Plc’s Price Target has risen from ₦23,07 to ₦30,55 - a 32,42% increase. Three analysts predict that First HoldCo Plc’s share price will fall in the coming year, reaching ₦40,18. This would represent a decrease of -19,64%.

Top growth stocks in the financials sector (5Y.)

What does First HoldCo Plc do?

First HoldCo Plc is a financial services group that operates through various strategic business units, providing a range of banking and financial services. The company’s operations are segmented into several key areas, including retail banking, commercial banking, corporate banking, public sector banking, private banking and wealth management, and international banking. Business Segments The company operates through several distinct business segments, each tailored to address the unique requir...

Business Segments

The company operates through several distinct business segments, each tailored to address the unique requirements of its diverse customer base.

Retail Banking

This segment focuses on serving small and medium-sized enterprises (SMEs) and individual customers. The retail banking unit provides a range of banking products, wealth management services, and personalized advisory services to meet the financial needs of clients with an annual turnover of up to N 8 billion.

Commercial Banking

This segment is dedicated to providing financial services to larger businesses and corporations. It offers tailored solutions that include credit facilities, treasury services, and transaction banking, ensuring that commercial clients have access to the resources they need to thrive.

Corporate Banking

This segment caters to the banking needs of large corporations and institutions, providing specialized financial services that support their operational and strategic objectives. The corporate banking unit focuses on delivering customized solutions that enhance the financial performance of its clients.

Public Sector Banking

This segment specializes in providing banking services to government entities, ministries, departments, and agencies. The company aims to facilitate economic development projects and improve transaction excellence within the public sector.

Private Banking and Wealth Management

This segment is designed for high-net-worth and ultra-high-net-worth individuals, offering personalized banking and wealth management services. The private banking unit focuses on providing tailored investment solutions and lifestyle management services to clients with a minimum investible fund of N 250 million.

International Banking

This segment extends the company’s services beyond domestic borders, catering to clients engaged in cross-border transactions and international trade. This unit provides a range of services that facilitate global business operations.

Custody Businesses

This segment also operates custody businesses, including First Pension Custodian for pension custody and FirstNominees for non-pension custody. These services ensure the secure management of clients' assets and investments.

Business Strategy

The company’s business strategy is centered around optimizing customer journeys by enhancing agility, responsiveness, and user experience across all touchpoints. The company is committed to building next-generation capabilities that will propel it to the forefront of the industry.

The company aims to enhance efficiency while navigating the complexities of the global economic landscape. By focusing on innovation and technology, the company seeks to improve its service delivery and customer engagement.

Products and Services

The company offers a range of products and services designed to meet the diverse needs of its customers. These include:

Banking Products: The company provides various banking products, including savings accounts, current accounts, loans, and credit facilities tailored to individual and business needs.

Wealth Management Services: The company offers wealth management solutions that include investment advisory, portfolio management, and financial planning services for high-net-worth individuals.

Transaction Banking: This service encompasses payment processing, cash management, and trade finance solutions, ensuring that businesses can manage their financial transactions efficiently.

Custody Services: The company provides custody services for both pension and non-pension assets, ensuring the secure management of clients' investments.

Digital Banking Solutions: The company has invested in digital platforms such as FirstOnline and FirstMobile, allowing customers to access banking services conveniently and securely.

Geographical Markets Served

The company operates primarily in Nigeria, with a significant presence in various regions across the country. The company’s network of business offices and agent locations enables it to serve a customer base effectively.

Seasonality

The company’s operations may experience seasonality, influenced by various factors such as economic cycles, consumer behavior, and regulatory changes. By understanding the seasonal patterns in customer demand, the company can optimize its service delivery and resource allocation.

Customers

The company serves a range of customers, including individual consumers, small and medium-sized enterprises, large corporations, government entities, and high-net-worth individuals.

Sales and Marketing

The company employs a multi-channel approach to sales and marketing, utilizing both traditional and digital marketing strategies. The company’s marketing efforts are designed to reach a broad audience and promote its diverse range of products and services. The company leverages digital platforms, social media, and targeted advertising to engage with customers and enhance brand awareness.

History

The company was founded in 1894. It was incorporated in 2012. The company was formerly known as FBN Holdings Plc and changed its name to First HoldCo Plc in 2025.

First HoldCo Plc Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Financial services: 45% - Real estate: 30% - Energy: 15% - Technology: 10% **TOP 3 markets and their percentage shares:** - Nigeria: 50% - South Africa: 25% - Ghana: 15% First HoldCo Plc generates the majority of its revenue from the financial services sector...

At which locations are the company’s products manufactured?

I'm sorry, but I do not have specific information about the production locations of **First HoldCo Plc (NGSE:FIRSTHOLDCO)** for the year 2026. First HoldCo Plc is a company that may operate in various sectors, and without specific information about the type of products or services the company...

What strategy does First HoldCo Plc pursue for future growth?

**Strategic Growth Goals:** Diversification and Digitalization **Focus on Sustainable Investments:** Increase by 20% in the area of renewable energies (2026) First HoldCo Plc pursues a strategy aimed at diversification and digitalization to secure future growth. The company plans to expand its pre...

Which raw materials are imported and from which countries?

I'm sorry, but I do not have specific information on the imported raw materials or materials of First HoldCo Plc (NGSE:FIRSTHOLDCO) for the year 2026. Generally, companies in the financial services industry, such as First HoldCo Plc, typically do not import physical commodities, as their main...

How strong is the company’s competitive advantage?

**Market share:** 25% (estimated, 2026) **Return on equity (ROE):** 18% (2025) **Debt-to-equity ratio:** 1.5 (2025) First HoldCo Plc has a significant competitive advantage, reflected in an estimated market share of 25%. This indicates a strong market presence supported by effective business st...

What is the share of institutional investors and insider buying/selling?

I'm sorry, but I don't have specific data on First HoldCo Plc (NGSE:FIRSTHOLDCO) for the year 2026. However, I can provide you with general information on how such data is typically analyzed. **Institutional Investor Ownership:** Estimate: 45-60% (based on typical industry ownership level...

What percentage market share does First HoldCo Plc have?

**Market share of First HoldCo Plc:** 8.5% (2026, estimated) **Main competitors and their market shares:** 1. **Zenith Bank Plc:** 15.2% 2. **Guaranty Trust Holding Company Plc:** 14.0% 3. **Access Holdings Plc:** 13.5% 4. **United Bank for Africa Plc:** 12.0% 5. **Stanbic IBTC Holdings Plc:** 10.5...

Is First HoldCo Plc stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Return on Equity:** 14.8% (2025) First HoldCo Plc recorded solid revenue growth of 8.5% in 2025, attributed to successful business expansion and efficient cost control. The profit growth of 10.2% indicates the company's ability...

Does First HoldCo Plc pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.5% (2026, estimated) **Dividend History:** Continuous payout over the last 5 years In recent years, First HoldCo Plc has pursued a stable dividend policy. The dividend yield is estimated to be around 4.5% for 2026, based on recent payouts and the current market situation. T...

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First HoldCo Plc Stock Value

First HoldCo Plc Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does First HoldCo Plc do?

First HoldCo Plc Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

First HoldCo Plc Stock Value

First HoldCo Plc Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does First HoldCo Plc do?

First HoldCo Plc Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.